US credit rating

South Korea is revising its electric vehicle subsidy plan in a way that favors local cars such as the Hyundai IONIQ 6 over imported vehicles, includ...

South Korean private equity firm Unison Capital Korea is set to focus on boosting the corporate value of Osstem Implant Co., once the PE manager and...

Hyundai Motor Co. and Kia Corp. posted the highest sales record in the US market in January. Hyundai Motor America said on Wednesday that it sold 52...

South Korean drugmaker Hanmi Pharmaceutical Co.’s neutropenia agent, Rolvedon (eflapegrastim-xnst), is forecast to achieve about $10 million i...

Korean Air Lines Co. had its strongest performance ever in 2022, as it successfully cashed in on a thriving cargo business and a full recovery in pa...

MGRV Community & Space, a South Korean startup that operates co-living facilities under the brand "Mangrove," announced on Wednesday it has attr...

South Korea's medical imaging startup Lunit said on Wednesday that it has launched Guardant360 TissueNext, an AI-based pathology analysis solution d...

The annual card approval amount in South Korea exceeded 1,000 trillion won ($811.4 billion) for the first time ever. This is largely because of "ret...

South Korean real estate firm Bluecove Investment has signed an agreement to acquire five-star hotel Grand Hyatt Seoul for more than 700 billion won...

Hyundai Electric & Energy Systems Co., a power equipment and energy solution affiliate of the world’s largest shipbuilding group holding c...

KT&G Corp., the world's fifth-largest tobacco maker, has extended its sales partnership with US cigarette giant Philip Morris International Inc....

Hanwha Solutions Corp. said on Monday that its business unit Hanwha Solutions Insight Division has signed a memorandum of understanding (MOU) with S...

South Korea’s SK E&S Co. opened its first electric vehicle charging station in the US in a partnership with Avis Budget Group, a major Ame...

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...

South Korea's Doosan Bobcat said on Friday that it has opened an additional construction equipment parts distribution center (PDC) in Atlanta, Georg...

South Korea has fined Citadel Securities over 10 billion won ($8.1 million) for disrupting market order through high-frequency trading in the countr...

South Korea’s top automaker Hyundai Motor Co. said on Thursday it will spend 10.5 trillion won ($8.5 billion) this year to ramp up facilities ...

Hanwha Solutions Corp., a unit of South Korea’s chemicals-to-construction conglomerate Hanwha Group, said on Thursday it has formed a strategi...

Silicon Valley was the favorite place for South Korean startups for their global business as more of them were established in other countries for th...

Galaxy S23, the latest mobile handset of South Korea's electronics giant Samsung Electronics Co.,  obtained the Canstar Blue 2023 Most Satisfie...

Retirement pensions at banks in the fourth quarter of last year emerged as a haven for money that tried to generate a stable return, shunning away f...

Koh Young Technology Inc., a leading 3D optical inspection devices maker in South Korea, is set to participate in IPC APEX EXPO 2023 in San Diego to...

LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which would strengthen its ant...

South Korea's SK On Co. and US graphite processor Urbix Inc. have signed an agreement to jointly develop high-performance anode materials, Korea's l...

South Korea's energy equipment maker Doosan Enerbility Co. has obtained the green light in participating in the domestic nuclear storage cask market...

The Bank of Korea Governor Rhee Chang-yong on Wednesday said, "We will focus on inflation this year but also closely consider tradeoffs to preserve ...

South Korea's Hyosung Chemical has failed to receive a single purchase order in its demand forecast for corporate bond issuance.Investment banking s...

South Korea’s Woori Financial Group is set to acquire Daol Investment Co., a venture capital arm of the liquidity-strapped Daol Financial Grou...

South Korean biotech company MedPacto Inc. ’s Vactosertib monotherapy for osteosarcoma patients has been designated as a fast-track developmen...

Samsung Electronics Co. has hired Kang Shin-bong, former chief executive of Yogiyo, South Korea’s second-largest food delivery platform, to le...